WBC 0.72% $28.05 westpac banking corporation

WBC Chart, page-40

  1. 3,718 Posts.
    lightbulb Created with Sketch. 1100
    completely disagree - i think theyve quietly laid solid foundations for future prosperity. havent seen a broker that doesnt rate us above all other banks, in terms of current value.

    lets re-asses.
    - Buy back - done, removed ~3% off the old register - will naturally allow improved eps
    - expenses - $5bn drop - practically done
    - divs - will easily revert to >90c per period, hoping for >$1 or $2 FF per year!!! (8.5% FF yield when that happens)
    - tech - as a St George etc, closing branches, white labelling products and allowing us to use ANY Westpac bank to transact = more branch shedding, greater flexibility for clients = better customer satisfaction + more cost savings for us.

    mkts asleep at the wheel with this one, now we've finally shaken off the legacy witch hunt, my personal PT ~$30 is in sight.....interest rates will naturally raise nim and itll be payday with a smaller register and much leaner operating costs....

    bring on the next reporting season....
 
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Last
$28.05
Change
0.200(0.72%)
Mkt cap ! $97.03B
Open High Low Value Volume
$28.14 $28.17 $27.90 $95.50M 3.394M

Buyers (Bids)

No. Vol. Price($)
1 8815 $28.05
 

Sellers (Offers)

Price($) Vol. No.
$28.08 168 1
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Last trade - 16.10pm 09/08/2024 (20 minute delay) ?
WBC (ASX) Chart
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